How much money will you get after taxes if you win the Powerball
How much money will you get after taxes if you win the Powerball
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what is the federal tax rate on lottery winnings
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Depending on your other income and the amount of your winnings, your federal tax rate may be as high as 37% gambling, 24% must be withheld
Depending on your other income and the amount of your winnings, your federal tax rate may be as high as 37% gambling, 24% must be withheld Before winners even see a penny of their jackpot, the federal government withholds a mandatory 24% that goes to the IRS The tax applies to
pick 3 and pick 4 virginia lottery Winnings from lottery and gambling activity must be reported on your tax return and are fully taxable by the IRS and most state governments The Depending on your other income and the amount of your winnings, your federal tax rate may be as high as 37% gambling, 24% must be withheld